Segregated Funds (Tables)

12 Months Ended

Dec. 31, 2019

Separate Accounts Disclosure 1 [Abstract]

Segregated Fund Types by Percentage of Investments

The segregated fund types offered, by percentage of total investments for account of segregated fund holders, were within the following ranges as at December 31, 2019 and 2018:



Type of fund	%
Money market	1 to 5
Fixed income	10 to 15
Balanced	40 to 45
Equity	40 to 45

Carrying Value of Investments Held for Segregated Fund Holders

The carrying value of investments held for segregated fund holders are as follows:



As at December 31,	2019			2018
Segregated and mutual fund units		$	102,071		$	89,049
Equity securities		10,565			9,771
Debt securities		3,825			3,448
Cash, cash equivalents and short-term securities		589			711
Investment properties		403			400
Mortgages		21			23
Other assets		146			156
Total assets		$	117,620		$	103,558
Less: Liabilities arising from investing activities		647			496
Total investments for account of segregated fund holders		$	116,973		$	103,062

Changes in Insurance Contracts and Investment Contracts for Account of Segregated Fund Holders

Changes in insurance contracts and investment contracts for account of segregated fund holders are as follows:



	Insurance contracts								Investment contracts
For the years ended December 31,	2019				2018				2019			2018
Balance as at January 1		$	96,663			$	99,121			$	6,399		$	7,271
Additions to segregated funds:
Deposits		11,874				11,468				84			85
Net transfer (to) from general funds		(437		)		(308		)		—			—
Net realized and unrealized gains (losses)		10,700				(7,123		)		844			(658		)
Other investment income		4,522				4,576				143			178
Total additions		$	26,659			$	8,613			$	1,071		$	(395	)
Deductions from segregated funds:
Payments to policyholders and their beneficiaries		11,420				10,224				604			614
Management fees		1,053				1,004				56			57
Taxes and other expenses		371				256				14			—
Foreign exchange rate movements		209				(413		)		92			(194		)
Total deductions		$	13,053			$	11,071			$	766		$	477
Net additions (deductions)		$	13,606			$	(2,458	)		$	305		$	(872	)
Balance as at December 31		$	110,269			$	96,663			$	6,704		$	6,399